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Private Equity Firm Set To Sell Hulu Stake, Says Report

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A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion. Hulu's other owners are Walt Disney Co., No details on the deal have been announced.

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Hulu Investor Gets Big Gain As It Sells Stake Back To Hulu

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Private equity firm Providence Equity Partners has sold its 10 percent stake in Hulu , the firm said Friday morning, getting a nice return on its investment in the online video streaming site. Providence Equity Partners had invested $100M in Hulu in 2007, and reportedly sold back its stake for $200M to the company this week.

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Hulu Revives All My Children, One Life to Live

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Fans of the once-cancelled soap operas "All My Children" and "One Life To Live" have a good reason to cheer today, as Hulu , the streaming video service based in Los Angeles, said it would bring the two soap operas to the service. Financial details of that investment were not disclosed.

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Hulu Entertaining At Least Five Bidders, Says Report

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Los Angeles-based video streaming site Hulu is entertaining offers from at least five different bidders, according to a report over the weekend, including one that values Hulu at between $600M to $800M. hulu streaming video merger acquisition content hollywood' READ MORE>>.

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Hulu Aborts Sale Plans

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The owners of Los Angeles-based video site Hulu have dropped plans to sell the business, according to a statement released by Hulu late Thursday evening. According to News Corporation, Providence Equity Partners, The Walt Disney Company, and Hulu's management team, the firm has decided to terminate the Hulu sale process.

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Disney Invests In Hulu

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The Walt Disney Company is the latest firm to invest in online video aggregator Hulu , saying this morning that it has agreed to join NBC Universal, New Corporation, and Providence Equity Partners as a joint venture partner in the site. Tags: streaming media capital venture content video hulu walt disney. READ MORE>>.

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Rumor: Hulu's Kilar Set For $100M Payday

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A report published Sunday by Variety says that Jason Kilar , the CEO of Los Angeles-based online video site Hulu , is set to cash out as much as $100M after the site's management buyout funded by Providence Equity Partners.

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